Application Platform News

Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.

NuBank

Platform stampede as investors hunt Latin American unicorns

When Sebastian Kanovich co-founded Latin American digital payments start-up dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously.

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

US consumer watchdog to query tech giants over financial data

The US consumer watchdog is expected this week to query tech giants including Facebook, Amazon and Google on how they handle consumer financial data as part of a broader effort to ...

Facebook

Understanding the “metaverse”?

Facebook, which is under fire from regulators and lawmakers across the world, is planning to rebrand itself with a new name that focuses on the metaverse, well connected tech publi...

Aiven

Finland’s Aiven raises $60 million at $2 billion valuation

Finland-based cloud software firm Aiven has raised $60 million from existing investors World Innovation Lab, IVP and Atomico, giving the firm a valuation of $2 billion, it has said...

Chinese Flag

China to keep up scrutiny of internet sector – Xinhua

China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to dev...

Platform Economy: Starting a simple business with Shopify e-commerce

Shopify enlists Microsoft, Oracle for business tools on app

Canadian e-commerce platform Shopify is teaming up with top cloud companies including Microsoft Corp and Oracle Corp to help merchants streamline their business operations.

Joe Biden

US agency submits initial recommendations on app data security to White House

The US Commerce Department has said it submitted an initial set of recommendations on data security under an executive order signed by Joe Biden.

San Francisco

California bars forced non-disclosure clauses in severance agreements

California will bar companies from requiring non-disclosure agreements in settlements with employees over workplace harassment claims under a bill signed into law in a win for tech...

Platform News: Apple retail store

Dutch watchdog finds Apple app store payment rules anti-competitive

The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive and ordered it to make changes, four ...

Platform News: Twitter App

Twitter to sell mobile ad unit MoPub for $1 billion

Twitter Inc has said it has agreed to sell mobile ad company MoPub to AppLovin Corp for $1.05 billion in cash, as the microblogging platform looks to focus more on advertisements o...

Facebook, WhatsApp and Instagram

Facebook blames ‘faulty configuration change’ for nearly six-hour outage

Facebook Inc blamed a “faulty configuration change for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media...

Platform Industry: Wall Street, IPO's and stock performance

Investors eye Big Tech as stock market wobbles

Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.

DoorDash app-based delivery

NYC will not enforce restaurant customer data-sharing law while DoorDash sues

New York City agreed to hold off on requiring food delivery companies to share customer data with restaurants, the subject of a recent lawsuit by DoorDash Inc.

Platform News: Google

‘Consumers aren’t stupid’: Google lawyer rejects EU market abuse ruling

Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer has said, wrapping up a week of testimon...